Cody Baum
Well-read Newbie Stuck in Analysis Paralysis!
3 January 2025 | 2 replies
Good luck on your journey and I hope you provide the financial security you hope for to your daughters.
Sharon Tzib
Houston Housing Stats December 2024 & Year End
8 January 2025 | 2 replies
With inventory expanding, it feels like there could be opportunities to secure deals, especially if the right cash flow potential is there.
Alecia Loveless
Referral Fee Question
6 January 2025 | 3 replies
New tenant must go through complete vetting, sign the lease, pay security deposit and rent, and move in, prior to the referring tenant getting their $100.
Nathan Gesner
Have you ever used your umbrella insurance policy?
15 January 2025 | 11 replies
This location is in a 1mm population metro area, 230 units, and cost is about $1,800,000 all in.Limits of Insurance: Coverage:Liability and Medical Expenses$2,000,000/$4,000,000 Occurrence/Aggregate Comprehensive Business Liability$2,000,000 Any One Person Personal & Advertising Injury$4,000,000 Aggregate Products Completed Operations Aggregate$2,000,000 Any One Fire Fire Damage$25,000 Occurrence Customers' Goods Legal Liability Deductible: $0$25,000 Aggregate Sale and Disposal Liability Deductible: $1,000$10,000 Any One Person Medical Payments $1,000,000 Occurrence Hired Non-Owned$300,000 Each Employee Employee Benefits Liability$25,000/$25,000 Per Claim/Aggregate Employment Practices LiabilityLoc Class Desc Coverage Limit Ded Valuation Type 1 Self-StorageBlanket Building & Business Personal Replacement Cost Property $2,100,000 $25,000Earthquake IncludedSinkhole IncludedWindstorm or Hail Included 5%Business Income Actual Loss Sustained 24 MonthsPollution Clean-Up & Removal $100,000Employee Dishonesty $15,000Money & Securities - Inside $10,000Money & Securities - Outside $5,000Accounts Receivable $25,000Electronic Data $20,000Valuable Papers & Records $25,000Fine Arts $10,000Employee Personal Property $10,000Limited Pollutant Removal $25,000/$100,000Cosmetic Loss Limitation IncludedEquipment Breakdown Protection IncludedPremium, Fees, and Taxes: BOP Premium: $ 7,760.00Optional Terrorism Premium: $ 31.00Total Premium: $ 7,791.00Key notes:a.
Sunny Wu
Tenant wants to break lease 8 months early
6 January 2025 | 6 replies
Most work with us, some do not.Be careful also as they may tell you to keep their security deposit as last month's rent.
Godsheritage Adeoye
First investment property secured, and second under contract at age 20!!
25 December 2024 | 2 replies
Hey everyone, it’s Godsheritage here!
I’m thrilled to announce that I just closed on my first investment property within one week of joining the BP community! Even more exciting, I’m already getting my second prope...
Timothy Finney
New Member from Austin, TX – Excited to Begin My Real Estate Journey
18 January 2025 | 6 replies
Consider using an FHA loan to secure a 1–4 unit property with just 3.5% down and take advantage of tax benefits by living there for at least two years.
Pat Quaranto
How do I go about finding VA work?
14 January 2025 | 4 replies
As I’m saving up for my first investment, I would like to learn more about the industry - and it would be nice to earn some income while doing so.Are there any specific skills or knowledge I need to secure a VA side gig?
Mike Daniels
Carlsbad Flip Property
7 January 2025 | 0 replies
Purchase price: $1,300,000 Cash invested: $130,000 Sale price: $1,650,000 We work with an investor who purchases the house and secures a deed in his name.
Michael Challenger
First Time (Potential Buyer) Seeking Advice on House Flipping in Charlotte, NC
7 January 2025 | 5 replies
If you’re considering leveraging hard money lending (HML) for this flip, it could be a strong alternative to traditional financing—especially since HML is quicker to secure and designed for investors aiming to flip properties fast.With HML, you’re typically looking at covering a significant portion of both purchase price and rehab costs, which keeps more of your cash free for other expenses or emergencies.